Economics

Economics

Answer the following:

Newspaper companies appear to be under threat of becoming irrelevant as the sale of newspapers has plummeted over the last 20 years. If you were chairman of the board of a newspaper company, how would you respond? (Hint: Consider newspapers as one of many alternative sources of accessing news)

Discuss in brief, how consumers choices (and access) to secure news from various sources have increase ( internet, TV etc) over the years due to technological advances

Then explain how increased choices and preferences have put pressure on news paper companies and what options they have

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